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morning perk's leading tech companies from apple to
i'm very pleased to report that yesterday morning perk's leading tech companies from apple to going toll microsoft to facebook and twitter to yahoo!, all of these companies sent a letter supporting my bill. urging this committee and congress to pass it. without objection, mr. chairman, i'll enter a copy of this to the record. >> without objection.
residents get a chance to ask about apple's proposed new headquarters. >> playoff fever in oakland. should be crowded in 45 minutes from now. it is happening at city hall. >>> plenty of sunshine not only in oakland for that fan fest, but all the way up against the go golden gate bridge. >>> happening right now a live look at frank plaza in oakland where the mayor is hosting the a's oaktober rally. city hall is lit in green and gold. oakland dignitaries honoring the a's and their fans. it is a free event. there will be plenty of family friendly events. the a's mascot stomper on hand. he's going to get the crowd riled out for round one of the playoffs. >>> the first of more than 68,000 seats are being installed at the 49ers levi's stadium. the couple has had season tickets since 1971 when the niners played at the stadium. the seats are home grown because they were made by a company in hayward. the team continues to be on budget and on schedule. >>> it is the latest step in keeping apple here. a new building looks to be one of the most ambitious campuses in corporate history. the public gets
segments. send after the break, a new iphone is out, but tech writers seem to have gone sour on apple. we'll have the top silicon [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. resolution. >>> much of the media would hail the new gizmo as miraculous. some critics saying the new iphone is kind of a disappointment. sar s sarah, andpple usually gets the most gushing press of anybody. >> this has gone from a company that could do no wrong, where there would be an army of people coming at you if you dared breathe of word of mediocre press about them. literally reporters would stand up and applaud and it would happen ever time. and wall street also thought this was a company that could do no wrong. when these phones were announced, i was watching c
for a while. cake thatwish apple tastes just like his mother's. >> talk about these treats. >> we have a lot of pumpkin baked goods. pumpkin cheesecake. pie that ismpkin her all-time favorite pie. is a pumpkinoll cake with cream cheese that is rolled up. that is a big seller. this is a pumpkin loaf. very tasty. we have the pumpkin not must muffin. 9:00e open every day from a.m. and starting tomorrow we will be open until 8:00 p.m. people love to buy pumpkins at night. >> they have information on their facebook page. we will continue to talk about this all morning long. i could use my nose to get here. i could start smelling the apple cider doughnuts. the orders are coming in. we have to start raising the stakes. what are you going to do for me? these are precious items. her order onplaced twitter. you. make it easy on doughnuts. >> i need a counter offer. >> we will work on that. that gets you in the mood for autumn. we are going to flip things around here. take a light jacket or sweater to start the day. 52 in chestertown. there is a little bit of cloud cover. there is a front approaching.
strategies for the company and apple, they're acknowledging problems with the new iphone software, i-messaging glitches, some users send a message, it doesn't appear to have arrived. apple working on a fix for that. let's see what happens to the stock. google accused of illegally tapping into gmail data so they can target advertising, they've been doing it for years, the question is, was it illegal. all right, tech, that's where the money has been. did you see the rally yesterday. in apple, amazon, netflix. stocks overall will look to open lower. how bad is it going to be? the bell is next. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a
after turkey day. move over coca-cola. apple is now the most valuable brand in the world. that's according to a new report by interbrand. the best report shows apple moved into the top spot. the company's brand is worth $98 billion. coca-cola which has been number one to 13 years fell to number three on the list. >> chocolate lovers, listen up. it could cost you more for those sweet treats in the future. there's two reasons. one where the beans are grown will hurt this year's harvest and the demand for chocolate is up. put them together and you'll expect to pay a little bit more. >> a sequel even more popular than the original lead the way at the box office this weekend. cloudy with a chance of me meatballs 2 brought in $35 million. prisoners brought in 11.3 million and rush rounds out the top three with 10.3 million. >>> take a look at this, six tons of canned goods turned into works of art in arizona. this group is trying to raise attention to hunger in arizona and they feature familiar faces including gabby giffords and our very own savannah guthrie who grew up in tucson. ve
not happen. >>> plus, apple proposed spaceship campus getting mixed reviews, and s7kupertino resids biggest concerns. >>> temperatures now in the 60s and 70s around the bay ñegzarea. 71 in fairfield. we look for a red flag warning on the way. getting started tomorrow. gusty winds and rapidly warming temperatures ahead. we'll look at that in the forecast as we come right back. to those who've waited... worried... poked and prodded... taken risks... and lived in a state of "what if?"... welcome to a new state... of health. welcome to covered california. the place to find quality, affordable coverage. financial help for those in need. and nobody can be denied because of a pre-existing condition. enroll now at or call 1-800-752-6631. >> help is on the way to prevent another bart strike. a solution they say could keep bart trains running. >> bart leaders are trying to come to an agreement before a cooling off period and a week from tomorrow. yes, the unions have confirmed to us that they have made a new proposal to bart management. what is in it, they won't say. bart also won't co
brought pumpkin pie and apple crisp back for a limited time. see? you really do call the shots. ♪ yoplait. it is so good. to prove to you that aleve is the better choice for her, she's agreed to give it up. that's today? [ male announcer ] we'll be with her all day to see how it goes. [ claira ] after the deliveries, i was okay. now the ciabatta is done and the pain is starting again. more pills? seriously? seriously. [ groans ] all these stops to take more pills can be a pain. can i get my aleve back? ♪ for my pain, i want my aleve. [ male announcer ] look for the easy-open red arthritis cap. >>> hillary clinton broke her silence saying she wrestles with running for president and is both pragmatic and realize poli listic about it. >> do you think she would rather be today, if she can't do both, president and grandmother. >> if you ask her, i think she would say grand mother. but i have found it best not to discuss that issue. joining us now is joe concho who calls us to the website media it. she says she's undecided on running. here's some anonymous quotes to prove it. >> why would she
ways to get good returns. >>> and two years later, has apple lost a step since the passing of steve jobs? one of tech's greatest division narcotic s, we have that and more for october 4th. >>> good evening everyone. i'm susie gharib. >> i'm bill griffeth in for tyler mathisen. it's day four of the government shut down and work stoppage for 800,000 federal employees and lawmakers appear in closer to ending the stalemate with no negotiation scheduled and the looming u.s. default threat no less than two weeks away unless congress raises the u.s.'s borrowing limit. john harwood joins us with the latest efforts to reopen the government and the war of words from the white house to the capitol and beyond, john? no sign of progress, no? >> no sign of progress, bill. at this point both sides are watching for the reaction of their own members and also the members constituents back home. the president coming out and saying yes, i'll negotiate but only after the government is reopened and republicans raise the -- agree to join democrats in raising the debt limit to expand the nation's borrowing
segments. send after the break, a new iphone is out, but tech writers seem to have gone sour on apple. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. mom? come in here. come in where? welcome to my mom cave. wow. sit down. you need some campbell's chunky soup before today's big game, new chunky cheeseburger. mmm. i love cheeseburgers. i know you do. when did you get this place? when i negotiated your new contract, it was part of the deal. cool. [ male announcer ] campbell's chunky soup. it fills you up right. is there a lot of worry building up around a daily problem?p. well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only over the counter treatment for overactive bladder. it's good to know how to put the control back in your go. new oxytrol for women. now over the counter in the feminine
? treasuries like a cdo? >> a legendary fund manager striking a bullish tone on apple as well, calling it at biggest no-brainer in history. here's miller explaining why. >> it just makes no sense for apple to trade where it, is seven times enterprise value to free cash flow, 14% -- 10% simple free cash yield. if apple was a junk bond, it would trade 40% higher. >> he's right. >> day after a meeting between icahn and cook. we still don't know what happened. >> my guess -- i don't have an update. don't tweet, please. just don't say anything if you can avoid it, i think they probably asked carl. when it comes to bill miller's point of view and many others, it's the free cash yield. they talk about that and seize the power of the stock sometimes and other times it doesn't because everybody is focused on growth. >> they should tell the tea party this is a good substitute for u.s. debt. full faith and credit of the iapple nation. they've got better cash flow than the federal government. >> i think they sold debt at a better level. >> the u.s. government defaults. apple has full faith and cre
it comes to this, he compared it to apple today. here's the president comparing the rollout of obamacare to the glitches fixed by apple. >> consider that just a couple of weeks ago apple rolled out a new mobile operating system. and within days they found a glitch. so they fixed it. i don't remember anybody suggesting that apple should stop selling iphone or ipod. or threatening to shut down the company if they didn't. that is not how we do things in america. [laughter] gerri: comparing it to apple. >> apple is the most valuable brand on the planet. please. >> you're not forced to sign up for apple user. that's the big difference as well. >> it's a completely unfair comparison. and again coming have to do this. it is going to cost the taxpayer a lot of money and it will hurt you, the consumer, and it will hurt you for trying to find a job to find a race. >> we have a list of this, companies are cutting back on the number of employees that we have, and ours, one of my other big concerns is the idea of subsidies. the concerns about how much money spent and does this make us vulnerable to f
computers. >>> it has now been two years since the death of apple co-founder and ceo steve jobs and at the time investors were uncertain about company's leadership, envainvasion and fu. two years later, what happened since then and where is the company headed? jon fortt has the story tonight. >> reporter: two years ago silicon valley lost the most famous visionary, steve jobs, co-founder and long-time ceo of apple died after a battle with cancer. since then, the company he built continued to push ahead as one of the leaders in mobile technology, but has it lost a step? depends who you ask. in the first year after jobs' death the stock rocketed up 85% over the next several months and fell all the way back down as investors feared declining margins and the growing popularity of android devices from samsung and others. apple stocks tumbled and critics focused on tip cook, who succeeded jobs in the seat. he and the rest of the board initiated dividends and buybacks engaged and launched efforts like the ipad mini and iphone fc twists on existing products rather than brand-new categor
... and why she had no idea apple was using her voice. we've ... all... heard her voice.../ but apple's "siri"... is no computer..../ turns out... she's a woman from atlanta.../.. "hello. i'm... outcue: for siri." susan bennett... says... she had... no idea... apple was using her voice for siri.../. in 2005... apple offered her a contract to voice certain words and phrases... / but... she had no idea... what it was for.../. the first time... she actually heard her voice... as siri.../ was when a friend emailed her... and said, "isn't this you?" because i didn't have the newest version of the i- phone, i went to the apple site, and that's when i heard the voice and i went, oh, that is me! susan's voice... can also be heard... on many gps systems, telephone systems... and at the atlanta airport. toss to dawn eugene monroe's acquisition means bryant mckinnie is back on the bench... how the ravens' left tackle is handling his new role... next in sports unlimited... whether it's this whether it's this could save you fifteen percent or more on car insurance. everybody knows that. well, did you know
start on apple's new campus called, appropriately, the spaceship. but it may be hitting some minor turbulence as neighbors worry about the traffic it will bring. it will be near interstate 280, once owned by hewlett-packard. >> reporter: behind this fence is where the apple spaceship will finally land. and neighbors on the border of cupertino and santa clara are supportive of this project. but they're hoping that the traffic will not turn into gridlock. patrick robbins remembers fruit orchards as a child. it's a different fruit that's about to plant a seed, apple. >> how right did they do this? what did they get wrong? >> reporter: apple's new campus is called the spaceship. it's a saucer-shipped building. robin is right next door, with more than 14,000 employees expected to work here. he wonders what the traffic is going to be like. the avenue already has heavy traffic during peak hours. >> getting out of our driveway is a challenge. we don't want that to get any worse. i don't know. i hope it doesn't. but there's part of me that says it's going to get worse. >> reporter: some nei
-l-g partners and t. rowe price. the information reportedly had to do with one of apple's taiwanese smartphone suppliers. citigroup says in a statement it takes regulatory compliance requirements very seriously and is pleased to have this matter resolved. the leader of the commodity futures trading commision may be stepping down soon. according to the wall street journal. chairman gary gensler plans to leave by the end of the year. he served during a tumultuous term that included a major overhaul to the derivatives market under dodd frank and prosecution of banks for libor market manipulation. b-p is applauding a partial victory. a federal appeals court ruled more consideration should be given to the terms of b-p's multibillion dollar settlement. b-p claims it's paying billions in bogus claims. however, one judge on the case called out b-p for trying to change the rules in the middle of the game. b-p agreed to create a $20 billion compensation fund for the massive 2010 oil spill in the gulf. the oil giant responds: "b-p is extremely pleased with the affirms claimants should not be
apple and out in the southland. power brokers, dolly and jay will take us for an incredible tour and where the wild things are, one of the largest private taxidermy collections and never believe where these things are and who has them. and apple's ceo meeting with carl icahn as apple becomes the world's number one brand. our question of the day, which of these brands can't you live without? one of these companies gave their staff the entire week of thanksgiving off. find out which one it was in two minutes. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >>> sony getting a boost from a reuters survey showing more u.s. shoppers he preferred its soon-to-be released play station 4 over microsoft's xbox 1pp. boeing is lower after a nor wee again air groun
't get more american than apple pie. delicious. i'm going to teach you how to make some. over at the official hungry channel, this is going to be really cool. in the processor, throw in the mixture of flour and butter and all kinds of ingredients. once the dough is complete, throw it in the fridge for 30 minutes, take out your apples and start -- do you notice what we're making here? >> mini pies. >> tiny little apples. the instructions are in the video with all the ingredients. once that's down, you pour it over the apples. >> she got fancy with it. that's the next level artistic stuff there. >> that was so easy. >> did i say it was easy? >> yes. >> you guys are a pain in the butt. speaking of butt, let's go to japan where they have interesting candies. there's a mold with shapes in it and you create the mixture, it's like a pudding. you tlo tloe hrow it in the mic and then in the refrigerator. then it becomes a solid. >> is it supposed to a butt? >> it's really supposed to be a butt. there's a smoked jelly you pour into a martini glass and then you put the butt over there an
in coupe te cupertino, where they just had a say on apple's new headquarters. that story coming up. >>> good evening. i'm jeff ranieri. sunny, gorgeous weather for the bay area. that storm track is just off to the north. we'll talk about how it's going to go from this to increased fire danger and very gusty winds coming up in just a few minutes. >>> new at 6:00, california today made revenge porn against the law. violators can now be punished with six months in jail or $1,000 fine. penalty doubles for a second offense. it happens after a couple breaks up and one person maliciously posts a graphic image of the other online. there are even websites devoted to the practice. new jersey was the first state to make it against the law. california now the second. >>> before he died steve jobs made a personal plea cupertino. apple is trying to move forward with its plans to build a massive new campus. the public gets a chance to weigh in. our business and tech reporter scott budman joins us from cupertino this evening. scott, what's move there? >> reporter: pretty good, raj. apple and the c
this ally yourself and had some bad apples. >> it took me three brokers to sell my apartment. the second of was taking pictures that were not relevant. she was not capturing my beautiful river views. it is important. marketing is a big part of it. gerri: a huge part of it. the other problem was with real-estate agents. i love a lot of them, but some of them are doing is part time. how you find somebody who is dedicated? >> in new york city there is something like over 20,000 registered real estate agents. part-timers, cousins, relatives. those guys you don't want. you want someone who would go to bat for you. ask around. recommendations, referrals, someone who is familiar with the building, go online, let's get ratings and reviews. 365,000 reviews of real-estate brokers, people weighing in. good, bad, negotiation, going to get back to you and a timely manner, four-star, five-star. gerri: i like that. a lot of people selling there house. the stakes are high because they have had to holon to this for a long time. maybe a couple of years. now they really have time of it. they want to do it
this could impact his companies. >>> apple dethroned coke as the most valuable brand but which is the more valuable stock for your portfolio? we'll debate that when "the closing bell" continues. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. at bny mellon, our business is investments. managing
: as for coming up on eight hours before government shut down, apple does not care. still happy right now. seems to be taking over the world because it is, actually. dethroning coca-cola as the world's most powerful brand. this according to the annual report. coca-cola falling to the number three spot. let's get to nicole petallides on the floor of the new york stock exchange. it will talk about this and more supposedly meeting with tim cook today. >> reporter: you talk about apple and there are some naysayers out there. three different topics to show that apple is still hot. number one, billing since 2000. and when apple first entered as one of the most valuable brands and respected brands, it entered at number 49. this year it comes in at the top spot dethroning coca-cola and surpassing even go will. as you noted, apple, global, coca-cola. number two, carl icon and tim cook having lunch. this was way back when, but today it looks like that is happening. the investment. growth for the company. the product mix, a huge cash pile. even talks about low interest rates, great for borrowing. buybacks.
phone repaired a couple of hours ago the other day, luckily i paid extra for apple care. it's no different when you're flying. >> i disagree, i think if apple dinged you every time you went into the genius bar, you wouldn't be going to the genius bar very often. and i think passengers aren't going to tolerate it -- >> what are they going to do instead? >> well, i think -- airlines, there's so much competition. the competition will get fiercer, margins will get tighter and bump-up in fuel costs and there goes all your profits. >> what about the sheer fact that the stocks have run so much, we gave a stat at the beginning about the airline index, that's a head wind in and of itself, is it not? >> i suppose it is. the fact of the matter is the airlines are finally beginning to run themselves like real businesses. instead of competing over the smallest shreds of market share, they'd be competing over dividend policies and buyback, you know, policies. who can return, you know, capital to shareholders in the most value creative way. that is, you know, a dramatic shift for an industry that longer term
get so big. let's say you own a stock that's doubled, maybe doubled again. apple, charitable trust bought apple in the 200s. if that represented 15% in the portfolio, it's now going to represent a much larger piece of the pie even if the other stocks you own have also gone up a decent amount. at that point, you have too much exposure to a single stock and too much exposure to whatever stock that is in. and that's why my charitable trust sold apple, doubled, tripled its price. totally because of discipline. we weren't clairvoyant about what was going to happen at apple. we believed in apple passionately, but discipline trumps conviction in cramerica. you never want more than 20% of your portfolio in any individual sector. keeping all your eggs in one basket is dopey. apple at the high got too big of a position for we did trim it by necessity. as is often the case, necessity was the mother of invention and the mother of profits. that's why you need to trim your winners as they go higher so they don't become too large piece of your portfolio and get you in troubl
... how apple's new i-phone operating system is making people literally sick. and next.. where you can go to play some golf and help a great cause at the same time. you're watching fox45 morning news... weekends. ((break 3)) [ male announcer ] marie callender's knows that you may not have time to roll out dough for a perfectly flaky crust that's made from scratch. or enough time to mix vegetables with all white meat chicken and a homemade gravy. she knows you may not have a moment to crimp the edges of your favorite chicken pot pie. but marie callender's does. and when she's done, all you need to do is find time to grab someone special, sit down, and savor. marie callender's. it's time to savor. helping a great cause. fred patterson is a coach with special olympics maryland... and deangelo johnson is an athlete. they join us this morning with more about the 2013 special olympics maryland golf tournament. >2. deangelo, how long have you been training and playing golf? >fred you have played on the same team as deangelo and you also sometimes are his caddy. which role do you like best? who i
shutdown now in its fourth day. >> and look out apple. samsung predicting a a record profit for the fourth quarter as it releases its new galaxy smartwatch in the u.s. and a massive spread in "usa today," which we'll get to later. >> let's start with twitter, of course, which has unveiled its highly anticipated initial public offering plan. julia boorstin is outside twitter headquarters in san francisco. ooh, the wind is blowing, your hair looks very nice, julia. take it away. >> reporter: twitter headquarters happens to be in the middle of a wind tunnel. twit are filed to raise $1 billion with the ticker twtr. we don't know the valuation yet because the can't hasn't revealed how many shares it will off or price range. its 2012 revenue grew by to $317 million but twitter is still not profitable. it did make progress as its net loss decreased by 38% but in the first half of this year, a number of acquisitions drove up its net losses 41% higher. now, behind twitter's growth is mobile. that's really the key thing to stress here. three quarters of twitter's users access the service from a mobi
the most valuable brands in the world: apple and google are number one and two on best global brands report. apple and google edged out coca-cola as the top brands with coke holding the top spot for 13 years. apple is one because the company has "literally changed the way we live our lives." >> the vatican announced the spring day pope john paul and pope john the 23rd will be canonized saying they will be declared saints april 27 of next year. the vatican also said retireed pope benedict could join in the ceremony. in july pope francis decided he would canonize the two former popes together. >> the "fast" in fast food is losing stream at the drive through. a study found that average time from order to pickup is 181 seconds, just over three minutes. that is eight seconds slower than last year's average up 173 seconds. the group evacuated seven major chains like taco bell and mcdonald's and chalk it up to more people in the drive through and chains offering more complex orders. chick-fil-a was the slowest with an average time of 2304 seconds. wendy's was the fastest at 134 seconds. >> coming
breast cancer, even before surgery. >>> apple is not only the most valuable company in the world when it comes to its stock price, but it's also the world's most valuable brand. a company called interbrand says for the first time coke has been unseated as the world's top brand. google came in second. apple, google, coca-cola. >> companies need to think about their brand and establishing credibili credibility. buyers are going to want that product. >> it's all about branding, i suppose. >> apple's brand value is estimated at $100 billion. >>> get your green and gold ready. the city of oakland is gearing up for oaktober. that's next. >>> the a's don't begin their playoff run until friday night. the mayor will host an a's oaktober fest at city hall. city hall will be lit in green and gold as oakland dignitaries honor the a's on their successful season. the event is free. there will be plenty of family friendly activitieactivities. >>> just after 6:00 on friday and just after 6:30 on saturday night for the games. >> perfect for the fans. >> thanks for joining us here at 5:00. we hope to s
.3, and the new king, apple, valued at $98.3 billion, i think i might have gone for google, because it is the only one there where you can say i'm going to google that. it is is a verb. >> really, i counted the number of apple products we have in the house, all the textbooks are on apple. i guess they deserve it. anyway, thank you for watching, i'm sue herera, susie is back tomorrow. >> and i'm tyler mathisen, have a great everything, everybody, and we'll see you back here on october first. >>> nightly business report has been brought to you by. >>, interactive multi-media tools for an ever changing world. our dividend stock adviser guides and helps generate during a period of low interest rates. a period of low interest rates. we are the >> welcome to "film school shorts," a showcase of the most exciting new talent from across the country. experience the future of film, next on "film school shorts." "film school shorts" is made possible by a grant from maurice kanbar. celebrating the vitality and power of the moving image. and by the members of kqed. >> boy: the neighborhoo
'll be able to do apples to apples between plan autos california is one of 14 states to open and maintain a health insurance exchange. projected half million californians expected to buy coverage through covered california. >> if you went to any web site of the federal government odds thr is what you saw. a message telling you that due to lapse in funding it's not available. tourists have until wednesday night to get out. house republicans are devising a plan to reopen some portion of the government. that plan would defund head federal health care law piece by piece. two sides continue to point finger at one another. >> speaker boehner ask his band of radicals have done the unthinkable. >> my goodness they won't even sit down to have a discussion about this. >> they've shut down the government over an ideological crusade to deny affordable health insurance to millions of americans demanding ransom just for doing their job. >> in a poll, just 10% of americans approve of the job congress is doing. >> nasa ames is also closed today. 97% of the agency shut down except for mission control this
is down 10. s&p down 5. >>> a new report says apple has the biggest stash of cash of any u.s. economy. moody's investors says apple has $147 billion hoarded away. that represents 10% of all cash held by u.s. corporations. microsoft has the second largest cash holding but it's less than half of the size of apple's stash. >>> three of microsoft's top 20 investors are pushing for co- founder bill gates to step down as chairman. gates has been under pressure to improve the company's performance. gates who is still the shareholder is not commenting. >>> san francisco's oldest footrace has a new owner. he's working on keeping the beta breakers fun and clean. casey wasserman plans to meet with long-time race participants, neighbors and city officials to hear their hout thoughts. he says there needs to be security, cleanup and post race improvements to keep people safe. >>> a parking spot in san francisco became a hotter commodity. the new rules and learned when we crunched the numbers. that story at 5:00. >>> thank you for making ktvu your choice for news. we'll see you the next time news br
.4%, and even with rising mortgage rates, new home sales climbed 8% in august. apple hit the high, blackberry hits a low. apple announced a record 9 million iphone olympics sold in the first weekend. apple stock soared on the news, but blackberry shares won't be around much longer. the company is going private for $9 a share. just five years more than half the market of smartphones. >>> chrysler is going public, the american auto maker has made quite a comeback since going bankrupt in 2009. >> new franchise that might not make you fat. burger king is offering crinkle cut 40% less false, 340% fewer calories. the catch? they're slightly pricier than the original. >> less fat. does that mean less taste? we'll do the legwork. i've got to tell you, not too bad. mcdonald's learned we'll forget the fries, well, sometimes. you can swap them out for fruit or vegetables. >>> thanks for joining us this week. head to to find out why al gore says we have a democracy crisis. >> special interests have been able to use massive amounts of money
could contain listeria. > >>> apple is on a roll. the most valuable brand in the world, according to a report released this morning. apple knocked coca-cola off the 13-year perch as the number one brand. coke is now third. >>> cloudy with a chance of meatballs 2 was in first, prisoners in second and rush in third. >>> when we come back, a wild ride. a couple of boerts get a unique loork at mother nature's fury. >>> something borrowed. something new, and a little adventure. a couple makes an epic entrance to their wedding. ♪ wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. and three important reasons to take eliquis instead. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfarin. two, eliquis had less major bleeding than warfarin. and three... unlike warfarin, there's no routine blood testing. [ male a
angeles today. >>> on the "cbs moneywatch" now, carl icahn wants apple to dig a little deeper, and putting the brakes on car sales. gigi stone is here with that and more. good morning, gigi. >> good morning, anne-marie. asian markets were mixed amid concerns the u.s. government shutdown will lead to standoff in debt ceiling negotiations. tokyo's nikkei fell 2%. hong kong's hang seng added half a percent. but the first day of the government shutdown didn't seem to impact investors on wall street. the dow finish the day at 62 points. the nasdaq climbed 46. >>> it was technology stocks that lifted the nasdaq to reaching a milestone in a recovery from the recession. "usa today" reports it's the first of the big indices to triple in value from its march 2009 low. the tech-heavy exchange received much of its gains from surging pharmaceutical and retail stocks as well as new companies such as facebook, linked in, and yelp. icahn says he wants to buy back apple stock. he believes the company is undervalued, with the stock price down 30% at its peak, turning it into a bargain. it comes following a
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